14 days on rocket

531 N Ynez Ave, Monterey Park, CA, 91754

$1,488,888

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

531 N Ynez Ave, Monterey Park$1,488,888

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
Garage3 spaces
Year Built1921
HeatingCentral
CoolingCentral Air
MLS #DW24094439
Lot Size0.23 Acres
StatusActive

About 531 N Ynez Ave

Excellent Opportunity! Great Location! Excellent Investment Property "TRIPLEX" for Investors or First Time Buyers, in a highly desirable area of Monterey Park. Property consist of Three units, The front build, 1st unit first floor is a 3 bedroom 1 bathroom 1 Detached Car garage, 2nd unit 3 bedrooms, 1 bathroom, 1 Detached Car garage and 3rd unit 2 bedroom 1 bathroom, plus additional bonus room and 1 Detached Car garage. All units have Central A/C & Heating, 2 assigned parking space for all units. All units have their own Electric panel & Gas Meter. Currently all units are into month-to-month lease. Conveniently located in between Atlantic Blvd and Garfield Ave. Close to restaurants, banks, cafes, supermarkets, schools, public library and parks. Easy access to the 10 & 710 freeways, about 9 miles to downtown Los Angeles. Don't miss out on the incredible opportunity to own this great Investment property in Monterey Park!. "DRIVE BY ONLY. DO NOT DISTURB TENANTS". "DRIVE BY ONLY, DO NOT DISTURB TENANTS".

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 2

Listing Office:

  • Office Name: Fidelity Mortgage Company
  • Office Phone: (562) 745-8672
  • Listing Agent: Ignacio Perez Mero

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Mark Keppel High School, Public District Grades 9-12
  • Ynez Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: South of Hellman Ave, Between Garfield Ave and Atlantic Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,488,888

Tax Information:

  • Annual Amount: $11,707
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Monterey Park, CA.

Map thumbnail provided by MapBox

Monterey Park, CA

City

Med. Sold Price

$858.3K

Med. Price/SqFt

$569

Avg. Days On Market

24

# of Sold Homes

24

531 N Ynez Ave vs Monterey Park

14 DAYS ON ROCKET

-10 Days

$1,488,888

+$630.5K More

KEY TAKEAWAY

This property is $630.5K more than the Median Sold Price in Monterey Park, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24094439

Listing Office:

  • Office Name: Fidelity Mortgage Company
  • Office Phone: (562) 745-8672
  • Listing Agent: Ignacio Perez Mero

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 26, 2012Home Sold
$753,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,707$873,776
2020$11,299$864,817
2019$11,182$847,861
2018$11,094$831,237
2017$11,094$814,939

History based on county public records data.

Payment Calculator

$7,498

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,530

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-7043620
7
/10

  • Ynez Elementary School

  • 120 S Ynez Ave

  • 0.47 miles

  • Public District Grades KG-8

High School

school-card-donut-7043621
10
/10

  • Mark Keppel High School

  • 501 E Hellman Ave

  • 0.81 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,823. Typical income of Monterey Park, CA residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Monterey Park›91754›531 N Ynez Ave

This home is located at 531 N Ynez Ave in Monterey Park, CA and zip code 91754 in the The San Gabriel Valley neighborhood. This home, which was built in 1921, sits on a 0.23 acre lot. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $1,488,888.

Monterey Park, CA housing market in May 2024 saw over 19 listings sold above listed price, more than 3 sold at listed price and over 2 sold below. Between April 2024 and May 2024, Monterey Park, CA real estate market has seen increase in the number of listings by 14.9%. While the average time on the market in May 2024 was 24 days, the median list price was $858,333.

From Rocket Homes Real Estate and based on county public records data.

More Resources